Cost of Living: Cape Coral, FL vs Meridian, ID (2026)

Cape Coral

Florida
114
VS

Meridian

Idaho
131

Cape Coral is 13% cheaper than Meridian.

$1,751/mo ↑ 2%
Median Rent
$1,714/mo ↓ 2%
$76,062/yr ↓ 23%
Median Income
$98,686/yr ↑ 30%
$339,200 ↓ 30%
Home Value
$485,000 ↑ 43%
$1,523/mo ↓ 5%
Owner Costs
$1,607/mo ↑ 6%
206,387
Population
124,865

Tax Comparison

0%
Income Tax
5.8%
6.0%
State Sales Tax
6.0%
0.86%
Property Tax
0.63%

Affordability

27.6%
rent-to-income
Affordability
20.8%
rent-to-income

Detailed Comparison

When comparing Cape Coral, FL and Meridian, ID, the overall cost of living indices are 114 and 131 respectively (national median = 100). Rent is comparable in both cities, with less than $50/month separating them.

Median household income is $22,624/year higher in Meridian. Home values also differ significantly — the median in Cape Coral is $339,200 compared to $485,000 in Meridian.

Florida has no state income tax, giving Cape Coral residents a significant tax advantage over Idaho's 5.8% rate.

Frequently Asked Questions

Cape Coral vs Meridian — common questions

Is Cape Coral or Meridian cheaper to live in?
Based on our cost index, Cape Coral is cheaper to live in with an index of 114 compared to 131 (US average = 100).
What is the rent difference between Cape Coral and Meridian?
Median rent in Cape Coral is $1,751/month and in Meridian it's $1,714/month — a difference of $37/month.
Which city has higher income, Cape Coral or Meridian?
Median household income is $76,062 in Cape Coral and $98,686 in Meridian. Median household income is $22,624/year higher in Meridian.
How do taxes compare between Florida and Idaho?
Florida has 0% income tax, 6.0% sales tax, and 0.86% property tax. Idaho has 5.8% income tax, 6.0% sales tax, and 0.63% property tax.
Should I move to Cape Coral or Meridian?
It depends on your priorities. Cape Coral has a cost index of 114 with median rent of $1,751/mo, while Meridian has a cost index of 131 with rent of $1,714/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Cape Coral details → View Meridian details →

More Comparisons

Other cost of living comparisons for Cape Coral and Meridian

Cape Coral vs. Yonkers Cape Coral vs. Worcester Cape Coral vs. Fayetteville Cape Coral vs. Columbus Cape Coral vs. Rochester Cape Coral vs. Salt Lake City Meridian vs. Palm Bay Meridian vs. Vallejo Meridian vs. Allentown Meridian vs. Round Rock Meridian vs. Thousand Oaks Meridian vs. Concord